| A. | 1, 3 and 5 |
| B. | 2,3, and 4 |
| C. | 1,3, and 4 |
| D. | 2, 4, and 5 |
Answer : A Explanation : Quick ratio is also known as liquid ratio or acid test ratio. Current ratio provides a rough idea of the liquidity of a firm so subsequently a second testing device was developed named as acid test ratio or quick ratio. It establishes relationship between liquid assets and current liabilities. Quick ratio = Liquid (quick) assets / Current Liabilities VIJYA said: (5:24pm on Monday 5th September 2016)
quick ratio =Q A/'Q LQ A= S D,Q L =B P, LOANS
Rupinder said: (2:06pm on Sunday 6th November 2016)
Sundry debtors is not liability
CHANCHAL said: (8:19pm on Saturday 18th February 2017)
SUNDRY CREDITOR INSTEAD OF SUNDRY DEBTORS
NISHA said: (8:44pm on Wednesday 21st February 2018)
ANSWER SHOULD BE 'D'.. AS LOANS ARE NOT A PART OF CL..
Vikas said: (9:36pm on Tuesday 1st May 2018)
Quick liabilities = b/p creditors only
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
